Danish wind turbine manufacturer Vestas has agreed to buy leading European independent service provider Availon for €88m ($95.9m) in cash, in a bid to further strengthen its O&M business just a month after snapping up San Diego-based ISP UpWind Solutions.
A US federal court has ruled that President Barack Obama’s landmark plan to reduce power plant CO2 emissions can advance while it weighs legal challenges brought by dozens of opponents.
Copenhagen Infrastructure Partners (CIP) has boosted its stake in Scotland’s 588MW Beatrice offshore wind project after buying a further 10{f24b02adee2102ff0c5f5079c50862fc8ba5fa53f8615b567037555463da2377} from utility SSE.
Germany’s renewable energy federation BEE said it is supporting a proposal by energy minister Sigmar Gabriel to convene a round table on an exit from coal and lignite in Europe’s largest economy.
Within a few years grid-scale battery storage paired with large wind and solar projects will become a commercially significant part of Enel Green Power’s business, the company tells Recharge.
Europe’s wind industry has sharply criticised the Spanish government over last week’s 700MW renewables auction – which included 500MW of wind – as being too small to satisfy demand, and warned it leaves the country at risk of missing its 2020 EU targets.
Wind surpassed nuclear to become the third largest generation source in the main Texas electricity market in 2015, the largest and among the fastest growing in the US.
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